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This study investigates how governance and infrastructure modulate the effect of natural resource rents on economic … linear and the underlying non-linearity is contingent on existing infrastructural and governance levels. Second, evidence of … a "natural resource curse" is apparent in countries with extremely low levels of governance and infrastructural …
Persistent link: https://www.econbiz.de/10013389128
This study investigates how governance and infrastructure moderate the effect of natural resource rents on economic … governance levels. Second, evidence of a "natural resource curse" is apparent in countries with extremely low levels of … governance and infrastructural development. Third, the favorable effect of natural resources on economic growth requires a …
Persistent link: https://www.econbiz.de/10015057615
This paper reviews the relationship between natural resources and economic growth, and stresses how natural capital tends to crowd out foreign capital, social capital, human capital, andphysical capital, thereby impeding economic growth across countries and presumably also over time....
Persistent link: https://www.econbiz.de/10011399567
In this paper we discuss the relationship between economic growth and natural resources at a global level, taking into account geography. With this aim, our model integrates elements of the theories of endogenous growth, natural resources and new economic geography. We find that an increase in...
Persistent link: https://www.econbiz.de/10014111753
Using a dynamic model with non-renewable natural resources and endogenous knowledge creation, the paper analyses economic development under conditions which are generally considered as most unfavourable. We assume poor substitution between primary input factors, positive population growth and a...
Persistent link: https://www.econbiz.de/10011793168
The paper models the incentives for a self-interested government to implement ""good policies"". While good policies lead to investment and growth, they reduce the government''s ability to increase supporters'' consumption. The model predicts that resource abundance is conductive to poor...
Persistent link: https://www.econbiz.de/10014400564
This paper reviews the empirical literature on growth and convergence that has addressed the importance of spatial factors. An important distinction in this literature is the one between absolute and relative location. The literature on absolute location predominantly uses non-spatial...
Persistent link: https://www.econbiz.de/10011342567
Persistent link: https://www.econbiz.de/10008901556
This paper provides a theoretical analysis of time restrictions in the context of natural resource management in North America. The economic inefficiencies arising from the use of time restrictions to protect natural resources have been well documented by researchers. We first show that in the...
Persistent link: https://www.econbiz.de/10014086581
Persistent link: https://www.econbiz.de/10012125069